Pepper Finance

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Pepper Ireland last week announced plans to recommence commercial lending

Pepper Ireland recorded a slight decline in revenues last year to €50.1 million from €52.8 million due to the impact of the coronavirus pandemic. Thi(...)

The bank said there will be no immediate changes for customers with KBC planning to contact those affected by the deal before the transaction is completed. Photograph: Nick Bradshaw

KBC Bank Ireland has sold a €1.1 billion portfolio of non-performing mortgage loans to funds managed by US private equity giant CarVal. Upon completi(...)

Businessman Jerry Beades is the registered owner, but not an occupant, of the mortgaged properties. File photograph: Chris Maddaloni/Collins

Some 20 people who have lived for several years in two Dublin properties want the Court of Appeal to overturn an order requiring “persons unknown” to (...)

Businessman Jerry Beades is the registered owner, but not an occupant, of two mortgaged properties that  were made subject of High Court possession orders in 2008. File Photograph: Dara Mac Donaill

A “greedy” fund’s court application could see 20 people being evicted in the middle of a pandemic if they do not leave two Dublin properties where the(...)

31 Richmond Avenue was  made subject of High Court possession orders obtained 13 years ago. Photograph Nick Bradshaw

A fund has brought a High Court application which could see up to 20 adult occupants of two Dublin properties being jailed unless they leave the prope(...)

Vasile  Circu with his partner Doina and their children; with fellow tenants Ioan Bataraga, Mohair Bataraga, Irina Ucaciu, Firuca Puscas and Ion Mihali at their home, 31 Richmond Avenue. Photograph Nick Bradshaw/The Irish Times

An asset management company is seeking the imprisonment of 19 adults because they will not leave their rented homes in north Dublin. In a case due b(...)

The High Court has declined to approve a Personal Insolvency Arrangement that would have allowed a car sales executive write off about €190,000 in debts, mainly owed to financial institutions.

The High Court has declined to approve a Personal Insolvency Arrangement that would have allowed a car sales executive write off about €190,000 in deb(...)

Ulster Bank is planning a fresh round of job cuts at the group. Photograph: Alan Betson

Ulster Bank’s operating profit jumped in the first nine months of the year in the Republic as its conduct and litigation costs, including its exposure(...)

Ulster Bank revealed at 4pm on Tuesday, as journalists, politicians and the wider public were preoccupied by Budget 2020, that it had agreed to sell the mortgages. Photograph: Nick Bradshaw

The Jo Moore award for burying bad news on a busy day this year goes to... Ulster Bank. Moore was a Labour Party spin doctor in the UK who infamously(...)

Ulster Bank said that it will be in contacted with all affected customer “at the appropriate time to help them as their loans transition to the new owner.”

Ulster Bank has agreed to sell €800 million of mortgages, mainly issued on family homes, to US distressed debt specialist CarVal Investors. Pepper F(...)

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